Oregon State Treasury is recruiting for the position of Deputy Director, Debt Management. This position will be located in Salem, Oregon.

Oregon State Treasury (OST) is led by Tobias Read, State Treasurer, a constitutional officer and statewide elected official. OST is an organization with a wide range of financial responsibilities, including managing the state’s pension fund, issuing all state debt, and serving as the central bank for state agencies. OST manages the daily investment of approximately $100 billion in assets, held in a diversified investment portfolio of domestic and international equities, fixed income securities, alternative and opportunistic investments, real estate and cash. OST also manages a banking program that processes over $250 billion in transactions annually, a debt management program responsible for issuing and monitoring approximately $14 billion in state and conduit debt, a multi-faceted 529 college savings plan, and an IRA based retirement savings program for the public. The 150+ member OST staff takes great pride in their statewide and national reputation for progressive approaches to service delivery.

The Debt Management Division (DMD) provides central coordination of all state-issued debt, including general obligation bonds, revenue bonds, tax anticipation notes, appropriation debt and conduit revenue bonds. Activities include structuring the sale and coordinating the timing of various state agency bond sales, updating disclosure documents, securing credit ratings, reviewing various legal documents, providing for the delivery of bonds, and assisting with the signing and closing of bond issues. The division also oversees the state’s secondary market disclosure process and monitors local and national bond markets, as well as financial and economic trends that impact bond issuance structures and interest rates.

OST offers an attractive benefit package which provides contributions toward Public Employee Benefit Board (PEBB) sponsored individual and family health and dental insurance and term life insurance. Other benefits include participation in the Oregon Public Service Retirement Plan (OPSRP), paid holidays and paid vacation, and both sick and personal leave time. Optional benefits include long- and short-term disability and participation in the Oregon Savings Growth Plan (a deferred compensation plan).

We are committed to building and fostering a diverse and inclusive work environment. We believe that everyone comes to the table with a distinct point of view – one that is shaped by backgrounds, experiences, cultures, thoughts, and ideas. We embrace diversity and inclusion and believe it creates a culture of respect, innovation, and creativity that empowers our success and makes Oregon State Treasury an excellent place to work.

What you’ll do….

You will design, control, implement, negotiate and manage all aspects of interrelating debt issuance with other debt management functions of the Oregon State Treasury and the various State agencies and municipalities.

We’re looking for an individual with the following experience/knowledge: